Is the fair market value of an asset the same as the price on an exchange?
— Molly Elmore (@mollyelmore22) January 9, 2023
No, and this is a common source of confusion when discussing the valuation effort around XRP.
🧵 A thread on fair market value, and how it is different than the market value on exchanges. pic.twitter.com/yUcbVJzKLX